What is an imputed income?

Imputated income is a value that is considered part of the person's reception, although the individual does not receive this value in the cash form. For example, this type of income is often accepted in the form of cashless benefits. The employer can give employees a vehicle that can use not only during working hours but also during their leisure. Since the vehicle is to use for personal reasons, this advantage may be considered as part of the employee's income.

Sometimes it is added to a person's overall intake to accept a more realistic wage calculation. For example, compensation without a weight can be included in the calculations of the taxable wage of a person in some places. On the other hand, it can be used to evaluate how much tax should be detained. It can also be used in calculating other types of precipitation.

In some countries, the person who receives a cashless advantage or compensation may be responsible for paying taxes from this type. These amounts are usually included in the taxForms that are submitted to the Tax Office in the jurisdiction of the employee. If this income is not included in the required tax forms, the forms may be considered inaccurate. However, the laws concerning imputed income may vary from place to place.

There are many types of imputed income that a person can receive. In addition to the benefits of using a company car for passenger transport, the person may receive a payment for the transfer of costs that are usually not deductible; It can also receive a considerable amount of life insurance, help with adoption or even help paying for dependent care. It is important to note that some types on cashless doses cannot be considered as a taxable imputable income. For example, a person may receive dependent care care that is without a certain amount. If the help of dependent care is pzasysy values ​​without tax, but the excessive amount may be consideredAna for a taxable imputable income.

In some cases, the term imputed income is used in a completely different way. Sometimes it is used in cases of support for children in which the judge believes that the parent has intentionally become unemployed or insufficiently employed to reduce payments to support their child. In such a case, the judge can bring this parent to a reasonable income. In principle, this means that the judge evaluates the obligations of supporting children on the basis of the amount of income he believes that the parent should have.